Close of a $2 million fundraising round by KoinKoin and SR FINANZMANN supports Corporate OTC business

The $2 million private investment round that FinTechs KoinKoin and SR FINANZMANN secured has significantly boosted their corporate OTC business for digital assets and foreign exchange.The money will enable technical enhancements, boost the availability of G3 currencies, and assist the growth and extension of technical FX across both businesses, particularly in Africa. Their main goal is to assist in resolving the local problems.From the fiscal year 2023 to the fiscal year 2024, KoinKoin and SR FINANZMANN's combined revenues more than quadrupled, from £72 million to nearly £150 million. The companies will be able to carry out their aggressive growth plans and quick expansion thanks to the finance.Aimed to support the growing African market, KoinKoin enables customers to buy, sell and transfer digital assets across key operating countries such as Nigeria, Ghana, Kenya, South Africa, as well as Southeast Asia and Western Europe.increase, as some Nigerians tried to hedge against the currency devaluation.